Huge decline in Amman bourse

Published January 31st, 2011 - 10:51 GMT

Amman Stock Exchange lost about US$ 850 million of its market value on Monday, amid a state of panic and a rush to sell by small investors. The stock market crash comes amid the ongoing protests in Egypt. Amman Stock Exchange index declined to 2363 points at the start of the session compared to 2374 points, at the end of the session yesterday.

The market value of Amman Stock Exchange yesterday fell to JD 21.81 billion (some US$30.5 billion) from JD22.41 billion (US$31.4 billion).

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